RICARDO PLC

Director's Dealing • Mar 11, 2020

National Storage Mechanism | Additional information

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RNS Number : 7942F

Ricardo PLC

11 March 2020

Ricardo PLC

Director / PDMR Shareholdings

11 March 2020

London

Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 10 March 2020 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 March 2020 it purchased an aggregate of 73 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £6.24 per Share on behalf of the following Persons Discharging Managerial Responsibilities:

Name	No. of Shares purchased on 9 March 2020
Chris Amsden	24
Tim Curtis	24
James Mills	25

These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individuals' gross salaries.

Following the above transactions, the total beneficial holding of Shares of the relevant PDMRs are set out below:

Name	Total holding following this notification	Approximate % of Company's issued share capital
Chris Amsden	2,591	0.005%
Tim Curtis	351	0.0007%
James Mills	1,475	0.003%

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Chris Amsden (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Performance Products

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ricardo plc

b)

LEI

213800ZNYAY35F4XB814

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 25p each ("Shares")

Identification code

GB0007370074

b)

Nature of the transaction

Purchase of Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant relating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£6.24	24

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2020-03-09

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tim Curtis (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Energy and Environment

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ricardo plc

b)

LEI

213800ZNYAY35F4XB814

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 25p each ("Shares")

Identification code

GB0007370074

b)

Nature of the transaction

Purchase of Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant relating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£6.24	24

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2020-03-09

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Mills (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Ricardo Automotive (EMEA)

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ricardo plc

b)

LEI

213800ZNYAY35F4XB814

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 25p each ("Shares")

Identification code

GB0007370074

b)

Nature of the transaction

Purchase of Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant relating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£6.24	24

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2020-03-09

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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